Assisted Living

CBRE Arranges $16.3M Acquisition Financing for 89-Unit Community in Minnesota

by Jeff Shaw March 24, 2017

PLYMOUTH, Minn. — CBRE has arranged $16.3 million in financing for a joint venture between The Waters Senior Living and an institutional investor. The borrowers will use the capital to acquire The Waters of Plymouth, an 89-unit assisted living and memory care community in the Minneapolis suburb of Plymouth.

March 24, 2017

Steadfast Senior Living Plans 67-Unit Community Near San Jose

by Jeff Shaw March 21, 2017

MORGAN HILL, Calif. — Steadfast Senior Living has unveiled plans for an unnamed, 67-unit assisted living and memory care community in the San Jose suburb of Morgan Hill.

March 21, 2017

Assisted Living News People

Watermark Hires Jill Ford as Executive Director of Community in Beverly Hills

by Jeff Shaw March 20, 2017

LOS ANGELES — Watermark Retirement Communities has hired Jill Ford as the executive director of The Watermark at Beverly Hills.

March 20, 2017

Assisted Living Development Finance News

Love Funding Closes $6.8M Construction Loan for Assisted Living Community in Utah

by Jeff Shaw March 14, 2017

SOUTH JORDAN, Utah — Love Funding, a lender specializing in FHA loans for healthcare real estate, has closed a $6.8 million bridge loan for the construction of an assisted living and memory care community in the Sale Lake City suburb of South Jordan.

March 14, 2017

Assisted Living Development News

Harrison Street, Engel Burman Plan 280-Unit, $125M Community on Long Island

by Jeff Shaw March 9, 2017

JERICHO, N.Y. — HRSE-EB, a joint venture between Engel Burman Group and Harrison Street Real Estate Capital, has planned a new Bristal-branded assisted living and memory care community in the Long Island hamlet of Jericho.

March 9, 2017

Assisted Living Development News

Harbor Retirement Associates to Break Ground on 96-Unit Community in Delaware

by Jeff Shaw March 7, 2017

WILMINGTON, Del. — Harbor Retirement Associates is set to break ground on HarborChase of Wilmington, a 96-unit assisted living and memory care community in Wilmington.

March 7, 2017

Assisted Living News

CNL Healthcare Properties II to Acquire 89-Unit Community in Florida Panhandle

by Jeff Shaw February 27, 2017

PENSACOLA, Fla. — CNL Healthcare Properties II Inc., a non-traded REIT, has agreed to acquire its first seniors housing property, Summer Vista Assisted Living Community in the Florida Panhandle city of Pensacola. The price was not disclosed.

February 27, 2017

Assisted Living Development News

Presbyterian Senior Living Prepares to Open Small-House Assisted Living Expansion in Pennsylvania

by Jeff Shaw February 27, 2017

WAYNESBORO, Pa. — Presbyterian Senior Living has begun accepting applications to Parker House Assisted Living, a 48-unit assisted living expansion at Quincy Village, a continuing care retirement community in Waynesboro, near the Maryland border.

February 27, 2017

Assisted Living News

NHI Acquires Two Communities in North Carolina for $16.1M

by Jeff Shaw February 23, 2017

HENDERSONVILLE, N.C. — National Health Investors Inc. (NYSE: NHI) has purchased an 86-unit, two-property portfolio of assisted living and memory care communities in the Asheville suburb of Hendersonville for $16.1 million.

February 23, 2017

Assisted Living Finance News

Lancaster Pollard Arranges $11M Fannie Mae Financing for Community in Omaha

by Jeff Shaw February 23, 2017

OMAHA, Neb. — Lancaster Pollard has arranged an $11 million Fannie Mae financing for an assisted living and memory care community in Omaha. The name of the community was not disclosed.

February 23, 2017

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